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Legal Concepts11Copyright © 2013 Pearson Education, Inc.54) QuickClicks, an online advertising company makes a contract to purchase six computersfrom Comptail, a local retailer, for $20,000. However, Comptail breaches the contract by notdelivering the computers on time. The next day, QuickClicks manages to purchase six computersfrom another retailer for $18,000 and receives immediate delivery. QuickClicks can bring alawsuit against Comptail to recover ________ damages.A) consequentialB) compensatoryC) nominalD) liquidated

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Ryan was born and raised in North Carolina. At 18, he goes off to college in New York. After four years, he graduates and he gets a four-year contract to work at a New Jersey video game company after which time he plans to see how he likes the company and living in New Jersey. At the end of the contract, he's in the middle of applying for a one year government fellowship in Michigan at which point he plans to look for another permanent position, this time in California. While still living in New Jersey, he gets into a hang gliding accident (he's playing a game on his laptop at the same time he is steering the hang glider) and crashes into Cordelia (domiciled in North Carolina). After he moves to Michigan for the fellowship, Cordelia sues him for $100,000 in Michigan federal court. Working with a neighbor, you need to decide whether there would be diversity jurisdiction in this case. You should consider both Mas v. Perry and Gordon v. Steele in formulating your answer.

Legal Concepts56) Alice offers Richard a chance to work in her affiliate marketing program which, she claims,will make him a millionaire in three months. Richard makes the "mandatory investment" of$12,000 and becomes an affiliate. Soon, he realizes that such a program does not exist and thatAlice has disappeared with the money. This is an instance of ________.A) misrepresentation of lawB) fraud in the factumC) fraud in inducementD) duress

Favorable depreciation deductions for purchases of business property is an example of which type of consideration that impacts the Internal Revenue Code?a)Economic considerationsb)Social considerationsc)Equity considerationsd)Political considerations

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